The following can be used with the IDS 27 system. IDS will provide a trading system used with intraday trading of the NQ Futures Contract.
Signals, Retests and Adds
Signals, Once the 3 key indicator's are present, the Signal (Long/Short) is active. Yellow arrow will show the Signal. You can trade from the Signal or wait for the retest.
Retests, The white arrow following the yellow is the retest Signal. The retest will be same or higher price. You can add or trade on the Signal.
Adds, Are the white arrows that are above the yellow or the retest. You can add contracts or move up your stop at the add level.
Pull backs need to be clearly identified and not considered a direction change. Signals will usually have an oversold lower indicator line. The upper indicator is useful with identifying divergence or a potential change in direction.
In the example below and between the 4th and 5th signal, this is a sideways channel or Mop Zone. Mop Zones are usually at tops or bottoms and after all the stops are mopped up the direction changes or price comes out of the zone.
The 4th and 5th signal are considered minor signals and not major.
The chart below can be viewed 9/8/22 in my Posts with pre market prediction and intraday trade calls.
Good trading, the IDS will help with any execution anxiety that you may have once you get familiar with it.